4320 W Sam Houston Pky N - Fast Food FOR SALE


Houston, TX 77043- Spring Shadows
$4,545,455 USD
408-510-9057
4320 W Sam Houston Pky N, Houston, TX for Sale
$4,545,455 USD
Fast Food - FOR SALE
1/3
null | 3.85% Cap Rate

4320 W Sam Houston Pky N
Houston, TX 77043
Spring Shadows


HIGHLIGHTS

  • Brand-New 20-Year Absolute NNN Ground Lease (Commenced October 2024) w/ 10% Rent Increases Every Five Years During Initial Term and Option Periods
  • Corporate Lease Backed by Investment-Grade Credit (Rated “BBB+” by S&P and “Baa1” by Moody’s) | McDonald’s Operates 39,000+ Locations
  • Premier Relocation From Adjacent Dual-Tenant C-Store/McDonald’s Configuration Next Door | Committing to Higher Rent Than Typical Ground Lease
  • High-Profile Houston Location With Exceptional Visibility and Traffic | Frontage Along Sam Houston Tollway (±145,453 VPD), Beltway 8, and Clay Rd
  • New Construction Latest Dual Drive-Thru McDonald’s Prototype | ±4,226-Square-Foot Restaurant on ±1.15 Acres Built in 2024
  • Strong Demographics and Continued Market Growth | 3-Mile Population Exceeds 127,000 With Average Household Income of $124,609

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new McDonald’s ground lease located at 4320 W Sam Houston Parkway North in Houston, Texas. This is a 2024 construction, single-tenant asset leased to McDonald’s USA, LLC under a new 20-year absolute NNN ground lease that commenced on October 31, 2024. The lease features zero landlord responsibilities, 10% rent increases every five years, and eight (8) five-year renewal options, offering long-term income growth backed by investment-grade corporate credit. McDonald’s relocated to this upgraded standalone prototype from an adjacent dual-tenant building, committing to a higher-than-typical starting ground rent of $175,000 per year—a strong indication of the brand’s confidence in the location. The ±4,226-square-foot restaurant sits on ±1.15 acres and includes the chain’s newest dual-lane drive-thru configuration to support high-volume service. Strategically positioned along Beltway 8 and Sam Houston Tollway, the site benefits from outstanding visibility to nearly 200,000 vehicles per day. It is located within a dense Houston submarket surrounded by national retailers, large corporate campuses, schools, and ongoing commercial development. With brand-new construction, a strong operator, and a long-term lease with above-market rent, this offering presents an ideal opportunity for passive investors seeking a premier net-leased asset in one of the nation’s most active growth markets.

FOR SALE DETAILS

PRICE

$4,545,455 USD

PRICE/SF

$1,024 USD /SF

CAP RATE

3.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's | 20yr NNN | Houston, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

RAC

APN/PARCEL ID

1191240010004

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.